Overview

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Est.

2017

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The AOBA Educational Foundation (AEF) is a 501(c)(3) nonprofit organization dedicated to addressing the talent crisis in the commercial real estate industry by promoting careers in building operations, engineering, and maintenance in the Metro DC region. With an operating budget of $276.2K and total revenue of $261.7K for the 2024 filing year, AEF connects job seekers with training centers, workforce development programs, and employers to foster the recruitment and retention of skilled tradespeople. The organization does not rely on a single funder for more than 50% of its revenue. For more information, visit www.aobafoundation.org.

Mission Statement

THE AOBA EDUCATIONAL FOUNDATION (AEF), A 501(C)(3) NON-PROFIT ORGANIZATION, WAS CREATED TO ADDRESS THE TALENT CRISIS IN THE COMMERCIAL REAL ESTATE INDUSTRY BY FOCUSING ON THE CRITICAL NEED TO PROMOTE CAREERS IN BUILDING OPERATIONS, ENGINEERING, AND MAINTENANCE. WE CONNECT JOB SEEKERS, TRAINING CENTERS, WORKFORCE DEVELOPMENT PROGRAMS, AND EMPLOYERS ALL TO HELP COMPANIES RECRUIT, DEVELOP, TRAIN, AND RETAIN THE NEXT GENERATION OF SKILLED TRADESPEOPLE IN THE METRO DC REGION. OUR WORK PROVIDES LONG-TERM, TANGIBLE ECONOMIC BENEFITS AND A WORKFORCE DEVELOPMENT PATHWAY TO STABLE, LUCRATIVE CAREERS. FOR YEARS, COMMERCIAL PROPERTY MANAGERS HAVE BEEN CHALLENGED TO RECRUIT, HIRE, AND RETAIN THE NEXT GENERATION OF BUILDING OPERATIONS EMPLOYEES. IN RESPONSE TO THIS PRESSING NEED, THE AEF WAS FORMED AS A VEHICLE TO CREATE A COMPREHENSIVE, REGIONAL SOLUTION TO WHAT MANY REFER TO AS THE ENGINEERING TALENT CRISIS. ALTHOUGH OUR PRIMARY MISSION IS FOCUSED ON COMMERCIAL REAL ESTATE CAREERS, WE ARE ALSO TAK
Revenues
$261.7K
Expenses
$276.2K
Net Income:
-$14.5K
Assets
$392.9K
Liabilities
$11.8K
Net Assets:
+$381.1K
Operating Budget
$276.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$2.5K
Largest grant received
$2.5K
D
David Greenspun
Board Member
D
David Ferrara
Board Member
D
Dave Dargenzio
Board Member

Frequently Asked Questions

What is AOBA EDUCATIONAL FOUNDATION’s budget?
In 2024, AOBA EDUCATIONAL FOUNDATION reported an annual operating budget of around $276 thousand. More detailed financial information is available to registered users.
What causes does AOBA EDUCATIONAL FOUNDATION support?
AOBA EDUCATIONAL FOUNDATION supports work in Education, Real estate, Engineering, and Trade.
Where does AOBA EDUCATIONAL FOUNDATION operate?
AOBA EDUCATIONAL FOUNDATION is headquartered in Washington, DC.
Who funded AOBA EDUCATIONAL FOUNDATION recently?
In 2019, AOBA EDUCATIONAL FOUNDATION received grants from Dimick Foundation John M Lynham Jr Trustee. More information on this organization’s funders is available to registered users.
What is the largest grant AOBA EDUCATIONAL FOUNDATION received in 2019?
The largest grant to AOBA EDUCATIONAL FOUNDATION in 2019 exceeds $2,500.